Tax Basics for 2018

The 2018 tax year ends in less than 60 days, so we thought it would be a good idea to give you a reminder of some of the numbers we’ll be looking at when we prepare tax returns for our clients in the coming months.

Standard Deductions

2018 Federal Tax Schedule Table

Single

Head of Household

Married Filing Jointly or Surviving Spouse

Married Filing Separately

Estate or Non Grantor Trust

You should schedule an appointment with your CPA or tax advisor before the end of the calendar year, especially with the many significant changes created by the Tax Cuts and Jobs Act.